Posts Tagged ‘carbon trading’

By Andrew Parker in London

Airlines face being caught up in a global trade war as opposition grows to the European Union’s controversial plan to make carriers pay for their pollution, the aviation industry’s main representative body warned on Monday.

Tony Tyler, director-general of the International Air Transport Association, told the Financial Times there was a genuine risk that countries outside the EU would take retaliatory action against the bloc’s plan to bring airlines within its carbon emissions trading scheme from January. (more…)

I would suggest that many people think that the UN policies on “global warming/climate change/wealth re-distribution, emissions trading, etc” emerge only from the annual Conferences of the Parties, (COPS), such as Copenhagen and Cancun, but I would guess that not many are aware of the regular policy forums and meetings which occur almost on a monthly basis, driving forward the climate agenda, regardless of the serious and frequent blows dealt to the purported science behind that agenda.

If you thought the nonsense was all over, forget it. Take a look at the UNFCCC website where they are already in preparation for the COP 17 event in Durban, South Africa, from November 28th 2011 to December 9th 2011. Read the press release from the UN Climate Change Conference held last month in Bonn:

“A central political question that has crystallized during this session is how further emission reduction commitments by developed countries can be taken forward in the broader context of the emerging climate change regime, said United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary Christiana Figueres. (more…)

The Western Climate Initiative’s cap and trade market may soon need to be renamed The Canada Climate Initiative.

Until last week, the Western Climate Initiative boasted seven U.S. states and four Canadian provinces who were working toward the launch of a regional cap and trade system on Jan. 1, 2012. Last Thursday, Arizona formally announced it was backing out of cap and trade. As the state with the fastest rate of emission growth — 61% between 1990 and 2007 — many feared a body blow to Arizona’s economy if it tried to meet the initiative’s carbon reduction goals. (more…)

The world is learning fast that climate pseudo-science is fraught with fraud. The best way to go to the heart of any moneymaking scam is to follow the money. Let’s go on a journey from the toilet of the United Nations to the BBC’s top floor.

For non-British readers the BBC extorts an annual compulsory license fee of £142.50 (US $200) per household via government legislation for the privilege of owning a television.

The BBC Pension Trust is worth about £8 billion while its mainstream operations are struggling to reverse an estimated £2 billion deficit as reported on last weekend by James Delingpole of the ‘Telegraph.’

The BBC’s handsome pension pot is invested in the Institutional Investors Group on Climate Change (IIGCC) alongside another 50 plus member funds. The total assets of this consortium is around €4 trillion (Euros), that in turn are invested in a larger consortium known as ‘UNEP FI’ worth about $15 trillion (US). (more…)